The effects of Financial Derivatives on Macroeconomic Stability: A Case for Hedging Commodity and Currency Risks in Ghana. Write a 3500 words research proposal for this topic.

1. Introduction 1.1 Background of the Study 1.2 Research Problem 1.3 Objectives of the Study 1.4 Research Questions 1.5 Significance of the Study 2. Literature Review 2.1 Overview of Financial Derivatives 2.2 Macroeconomic Stability Concepts 2.3 Hedging in Financial Markets 2.4 Commodity Risks in Ghana 2.5 Currency Risks in Ghana 3. Theoretical Framework 3.1 Derivatives Pricing Models 3.2 Hedging Theories 3.3 Macroeconomic Impact Assessment 4. Research Methodology 4.1 Research Design 4.2 Data Collection Methods 4.3 Sampling Techniques 4.4 Data Analysis Plan 4.5 Limitations of the Study 5. The Role of Derivatives in Hedging 5.1 Mechanisms of Hedging 5.2 Derivatives in Commodity Markets 5.3 Derivatives in Currency Markets 6. Case Study: Ghana 6.1 Overview of Ghana’s Economy 6.2 Financial Derivatives Market in Ghana 6.3 Macroeconomic Stability in Ghana 7. Analysis and Discussion 7.1 Impact of Derivatives on Ghana's Economy 7.2 Challenges in Derivatives Trading 7.3 Policy Implications for Ghana 8. Conclusion and Recommendations 8.1 Summary of Findings 8.2 Recommendations for Policy Makers 8.3 Suggestions for Future Research 8.4 Final Thoughts